Cedar Falls is a medium-sized city located in the state of Iowa. With a population of 40,746 people and ten associated neighborhoods, Cedar Falls is the 14th largest community in Iowa.

Cedar Falls real estate is some of the most expensive in Iowa, although Cedar Falls house values don't compare to the most expensive real estate in the U.S.

A relatively large number of people in Cedar Falls telecommute to their jobs. Overall, about 9.67% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.

Because Cedar Falls has a very large number of students who are 18 years or older and in college, it is thought of as a college town. This has a major influence on local Cedar Falls lifestyle, entertainment, and culture in general. Life in Cedar Falls is very much tied to the academic calendar: when students return from the summer break in the fall, one will notice them out and about, buying groceries, out with friends, and generally getting re-acquainted with each other. In Cedar Falls people study hard and play hard, and there is ample opportunity to do both.

Cedar Falls, while not large, also appears to be attractive to some younger, educated professionals, who help shape the character of the city.

Residents of the city have the good fortune of having one of the shortest daily commutes compared to the rest of the country. On average, they spend only 15.55 minutes getting to work every day.

The citizens of Cedar Falls are among the most well-educated in the nation: 49.14% of adults in Cedar Falls have a bachelor's degree or even advanced degree, whereas the average US city has 21.84% holding at least a bachelor's degree.

The per capita income in Cedar Falls in 2022 was $39,242, which is wealthy relative to Iowa, and upper middle income relative to the rest of the US. This equates to an annual income of $156,968 for a family of four. However, Cedar Falls contains both very wealthy and poor people as well.

The people who call Cedar Falls home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Cedar Falls residents report their race to be White, followed by Asian. Important ancestries of people in Cedar Falls include German, Irish, English, Norwegian, and Italian.

The most common language spoken in Cedar Falls is English. Other important languages spoken here include Spanish and Urdu.